NORTH EAST SUFFOLK CITIZENS ADVICE BUREAU Sample Clauses

NORTH EAST SUFFOLK CITIZENS ADVICE BUREAU. (NESCAB) A Grant Agreement is currently in place between NESCAB and the Council, which expires on 31 March 2018. The Council agreed to loan NESCAB £50,000 over 5 years to help the organisation purchase St. Margaret’s House, Xxxxxx Road, Lowestoft, as their new headquarters. The payback is made by reducing the current and ongoing grant of £77,940 by £10k per year, therefore reducing their annual grant to £67,940. A £10k reduction was put in place in 2016-17 so payback of the loan should be complete by 31st March 2021. However, at present it is suggested that the Grant Agreement is only extended to 31st March 2019 as it would be difficult to commit beyond that time given elections in May 2019 and the establishment of a single Council for the East Suffolk in 2019. We continue to work with XXXXXX as follows:- • We are working with partners county-wide to encourage further joined up working as part of an efficiency saving process by investigating further possible mergers of CABs with closer neighbours. • We will continue to support NESCAB to access other external funding to ensure their sustainability, particularly in light of potential future year on year Council budget reductions.
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